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solar power

Waaree Energies Targets Rs 400 Cr Revenue From Rooftop Segment

Targets to commission 100 MW rooftop projects in the coming financial year. Waaree Energies, one of India’s largest solar PV manufacturer, looks towards the rooftop solar and aims at adding close to Rs 400 crore for the financial year ending 2020, exclusively through the segment. Rooftop solar will be one of the key focus segments […]

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Cheap Finance Can Make Renewables Cost-Competitive Faster in Developing Countries

A new report pinpoints how concessional finance can make wind, solar, and batteries cost-competitive faster in developing countries, accelerating the shift from fossil-fuelled power. Cut-rate financing has the potential to substantially speed the transition from fossil-fuelled power generation to renewable energy in developing countries, according to a new report produced by BloombergNEF (BNEF) and commissioned […]

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Wish List for The Final 2019 Budget

In a year when the country heads for general elections, the renewable sector has reason to look forward to a good final budget, from whoever comes to power. This is because the renewables sector has been an undisputed success story for India, and no government should be doing anything to slow it down. For the […]

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NTPC Invites Applications For Enlistment of Wind Energy Developers

The last date for application submission is February 27, 2019. NTPC Ltd. has issued a Notice Inviting Applications (NIA), inviting bids from eligible bidders for the enlistment of Wind Energy Projects (WEP) anywhere in India of NTPC. The brief scope of work for enlisted wind energy developers will include, the design, engineering, micro-siting, manufacture, supply, […]

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Saudi Arabia Signs Framework Agreement of ISA

Saudi Arabia has become the 73rd nation to sign the Framework Agreement of the International Solar Alliance. The agreement was inked during the official state visit of the Crown prince of Saudi Arabia, Royal Highness Muhammad bin Salman bin Abdul-Aziz Al Saad to India. The signed agreement was handed to ISA’s Director-General Upendra Tripathy in […]

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The URGE for “Li” Vault

Nowadays, power storage has become vital on the back of its rapid response even at the time of peak demand, as most of the power storage technologies began transmitting power back to the grid within milliseconds. Moreover, storage technologies not only help in bolstering the use of electric vehicles but also help in reducing carbon […]

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Seimens Gamesa & Senvion Interested in Building $1 BN Wind Farm in Egypt

The NREA is looking to procure close to 700 wind turbines for 8 wind power projects being developed in the country. In order to achieve 20% of the renewable power in its overall energy by 2022, Egypt is keen on allowing Arab and foreign investors to inject their capitals in the power market. These projects […]

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CCEA Approves Launch of Rs 34,422 Crore KUSUM Scheme

The total central financial support provided under the scheme would be Rs. 34,422 crore. The Cabinet Committee on Economic Affairs (CCEA) has approved the launch of the Kisan Urja Suraksha evam Utthaan Mahabhiyan (KUSUM) with the objective of providing financial and water security to farmers. The proposed scheme consists of three components: Component-A: 10,000 MW […]

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Argentina Signs Framework Agreement of ISA

Argentina has become the 72nd country to sign the Framework Agreement of the International Solar Alliance (ISA). The agreement was inked on the sidelines of the official three-day visit of Argentinian President Mauricio Macri to India by Argentina’s Foreign Minister Jorge Faurie in the presence of ISA’s Director-General Upendra Tripathy. “A new partner in the Alliance. Foreign […]

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